Shares of Infosys Limited (NYSE:INFY) Sees Large Inflow of Net Money Flow

Infosys Limited (NYSE:INFY) witnessed a selling pressure and the shares last traded with a loss of -0.1 points or -0.53% at $17.99. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $0.55 million with an inflow of $0.84 million in upticks and an outflow of $0.3 million in downticks. Using the data, the up/down ratio is found to be 2.84. The share price has recorded -8.29% on a weekly basis.A block trade of $0.6 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $0.6, signaling heavy buying.


Currently the company Insiders own 22.42% of Infosys Limited shares according to the proxy statements. Institutional Investors own 17.74% of Infosys Limited shares.

Infosys Limited (NYSE:INFY) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.15 points or 0.83% at $17.93 with 3,974,680 shares getting traded. Post opening the session at $18.14, the shares hit an intraday low of $17.86 and an intraday high of $18.14 and the price was in this range throughout the day. The company has a market cap of $41,184 million and the number of outstanding shares have been calculated to be 2,296,944,700 shares. The 52-week high of Infosys Limited (NYSE:INFY) is $20.47 and the 52-week low is $15.32.

Many analysts have stated their opinion on the company shares. Goldman Sachs upgrades its rating on Infosys Limited (NYSE:INFY). Analysts at the Goldman Sachs have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on May 26, 2016.

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Companys solutions include application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; Management Consulting, enterprise solutions and package implementation, systems integration and business intelligence; Products, business platforms and solutions, and technologies, such as cloud computing, enterprise mobility, digital, big data and analytics. Its segments are Financial Services and Insurance, Manufacturing, Energy and utilities, Communication and Services, Retail, Consumer packaged goods and Logistics, Life Sciences and Healthcare, and Growth Markets.

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